Definify.com

Definition 2024

simple_interest

simple interest

English

Noun

simple interest ‎(uncountable)

(finance) interest paid only on the principal.

Translations

interest paid on principal

Finnish: yksinkertainen korko (fi)
Hungarian: egyszerű kamat

Manx: use neuchramp m
Russian: просты́е проце́нты m pl ‎(prostýje procénty)

See also

compound interest